Electromagnetic Geoservices ASA Logo

Electromagnetic Geoservices ASA

ISIN: NO0010358484 | Ticker: EMGS

About Electromagnetic Geoservices ASA

Company Description

EMGS was in 2002 the first company to successfully apply marine CSEM technology to the search for hydrocarbons. Since then, the Company have successfully commercialised the technology and turned it into an effective, environmentally benign exploration method that can significantly increase drilling success rates.

EMGS, the marine EM market leader, uses its proprietary electromagnetic (EM) technology to support oil and gas companies in their search for offshore hydrocarbons. EMGS supports each stage in the workflow, from survey design and data acquisition to processing and interpretation. The companyโ€™s services enable the integration of EM data with seismic and other geophysical and geological information to give exploration experts a clearer and more complete understanding of the subsurface. This improves exploration efficiency and reduces risks and the finding costs per barrel.

Year founded

2002

Served area

Worldwide

Headquarters

Karenslyst Alle 4, 0278 Oslo โ€“ Norway

Shareholder information

Shares outstanding

130,969,690

IPO

March 30, 2007

Stock exchange(s)

Euronext Oslo

Contact

Newsletter

Subscribe to our newsletter and receive information about recent IPOs, news in the European capital market and more.